Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of other household equipment
47.5 - Retail sale of other household equipment

120 jobs
Number of planned job losses
Job loss
Announcement Date
30 January 2009
Employment effect (start)
Foreseen end date
30 January 2009

Description

Sofa Workshop, a furniture retailer, has made 120 of its workforce redundant. The company had gone into administration on 22 January 2009 and the administrators found a buyer only for 10 of its 30 stores across the UK. The rest 20 stores and the head office of the company have been closed with immediate effect. The company employed 170 staff, 50 of whom will remain employed under the new owner.


Sources

Citation

Eurofound (2009), Sofa Workshop, Bankruptcy in United Kingdom, factsheet number 68015, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68015.